Jakarta, Pintu News – Given its usefulness and notoriety in the crypto market, many see XRP (XRP) as one of the digital assets that is likely to survive in the coming decades.
As a result, predictions regarding the future price of XRP are high and ambitious. Currently trading at around $2, many speculate that the coin could reach prices as high as $10,000 in the next few decades.
This article summarizes comments from various experts on the likely price of XRP in the next 15 years (year 2040) and the next 25 years (year 2050).
According to Matthew Brienen, COO of CryptoCharged, XRP could be trading as high as $1,000 by the decade of the 2040s.
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He made this point in a viral video, highlighting XRP’s use in thecross-border payments market, which is worth trillions of dollars.
If this prediction comes true, it would represent a 46,411% price jump from the current XRP price of around $2.15. Moreover, a valuation of this magnitude would imply a market cap of around $60 trillion, assuming the circulating supply remains around 60 million tokens.
Interestingly, analysts from crypto exchange Changelly also agree with Brienen’s view. They project that the price of XRP could reach $1,456 by November 2040. This would represent a return on investment (ROI) of 66,997.5% on the current price.
However, the exchange also noted that if this four-digit valuation is not achieved, XRP will likely remain in the three-digit range.
Their lowest projection for the price of XRP in 2040 is $181.72. This still represents an ROI of 8,352% on the current value-a significant gain.
Analysts from Telegaon also show an optimistic(bullish) view. They predict a minimum price of $119 and a maximum price of $160.34 for XRP in the next 15 years.
Looking ahead in the longer term, XRP’s long-term prospects appear increasingly optimistic.
According to analysis from Changelly, the projected minimum price for XRP in 2050 is $1,389.58. For an owner of 10,000 XRP, the value of this portfolio would be close to $14 million in a conservative scenario.
Interestingly, Changelly ‘s analysis also shows that XRP could reach a maximum price of $2,355 by 2050-a remarkable increase of 108,448.4% from the current price.
On the other hand, analysts from Telegaon give a more moderate projection. They estimate the maximum price of XRP in 2050 to be $285.56.
Although much lower than Changelly‘s estimate, this figure still shows significant profit potential. At this price, a portfolio of 10,000 XRP would be worth around $3 million.
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While there is no guarantee that XRP will reach those price projections, the general consensus remains optimistic that its value will be much higher than it is today in the coming decades.
Some of the factors that could drive XRP’s growth include:
Currently, a number of financial institutions have included XRP in theirtreasury reserves, with total holdings estimated to exceed $1 billion.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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